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1981 (12) TMI 24 - DELHI HIGH COURTExtract: ....... and were exempt under s. 5(1)(viii) of the Act. However, the gold ornaments which were intended for the personal use of the assessee were jewellery and were not exempt under s. 5(1)(viii) of the Act because of the retrospective amendment of the main clause. No one is appearing for the assessee. In these circumstances, we make no order as to costs.
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